Statistical Analysis and decision making

Statistical Analysis and decision making

Statistics have been used by different fields including businesses to help them make rational decisions. In this case Powerkontrol which is an Australian firm has sought to determine how their clients level of satisfaction. As such the director of marketing has commissioned a study to evaluate the same. In doing so a set of questionnaires were developed and the same distributed to 35 of the 900 of its clients were selected. In a range of 10 and 50, the result yielded a satisfaction level of 35.

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